Digital Product Creation System

Digital products are everywhere you look. Even “physical” products like CDs and DVDs are, in essence, digital because the tracks and other information stored on them is in digital format. But increasingly products like books are being turned into digital products with devices like the Kindle.

Digital products have the advantage that they are cheap to deliver, costing only a few cents in bandwidth.

But if you want to create them, you need a system otherwise they will be chaotic and you won’t be likely to get repeat orders.

Here are the basic steps for your digital product creation system:

1. Make an outline

This can be in any format you want. A Word document, a spreadsheet or a mind map.

Play with each one and see which works best for you. Personally, I find spreadsheets easy to work with as each section of the product can be in a column with the subsections in the rows below it.

For more complicated products, I find a series of mind maps is also easy to use and can be more “at a glance” than a spreadsheet.

2. Decide on a format

This may sound as though I’m teaching you to suck eggs but take a step back and think how your information is best presented.

A PDF book can be good if your subject matter is fairly complicated. But in common with its physical counterpart, it tends to be the lowest retail price.

Audios are next in price value and can be convenient for your customers as they’re not locked into using their computer to listen to your product.

Videos are typically highest price and with screen capture programs such as Screencast-o-matic they’re inexpensive to produce. Or you could use your webcam or the video on your phone.

3. Create your product

Using your outline and preferred format, start creating your product.

Especially if it’s a written product, treat the writing and the editing processes as entirely separate. They use different parts of your mind and if you succomb to the temptation of editing as you go along, you’ll reduce the creativity of your product and it will run the risk of sounding more like a text book than something people want to read.

Save the sections of your product with different file names. Ideally ones that will make sense in a few months time when you go back to create an updated version!

4. Create a sales page

The complexity of your product and where you’re selling it will jointly determine how long and how “flashy” your sales letter needs to be.

There are free sites out there which will help you to create a passable sales letter without too much blood sweat and tears. There are also software programs available which will take this to a higher level. Or, if your product is likely to sell in quantity, you may prefer to use a copywriter.

Once your sales letter is written, you’ll need to upload it to your web host along with any associated images.

5. Upload your product

Use the control panel in your web host or WordPress or an FTP program to upload the files to your website host.

Depending on how paranoid you are about people stealing your product, you may or may not decide to include some form of protection for this. Remember that Hollywood have a much bigger budget than you and they can’t stop piracy so don’t put in so much protection that you annoy your purchasers.

6. Promote your newly created digital product

Promotion of your product is essential!

You can drive traffic to it in lots of different ways including articles like this one, forum posts and signatures, a Facebook page, your LinkedIn profile, pay per click advertising, affiliates and much more.

Don’t be afraid to experiment with different traffic methods. Just remember to track them so that you know which is the most cost effective.

Onine Business By Selling Digital Products

Digital products have been increasing in popularity these days. A lot of people have found ways of earning extra income by selling various digital products. It is easy to sell those commodities online and apart from that, it can also allow you to establish your very own online business without really needing a big capital or investment. Do you know what exactly these products are?

Digital products include eBooks, software, membership, subscriptions and other informational materials. More particularly, these are the ones which you can easily purchase online and all it would take is a simple downloading and you can already use it.

A lot of people are patronizing these products primarily because it is convenient. When they need a particular digital product, all they have to do is search for it online and purchase. Then, it will only take a few minutes of downloading and they can already get their hands on the product.

For example, if a person needs information on how to train his dog, he can search for an eBook through the internet which will provide him with the needed information. He no longer has to go out of the house and look for a good book from different bookstores. Buying an eBook saves him time and effort. Also, eBooks usually come cheaper compared to the paperback or hardbound books. So, he will be able to save money too.

Since there is already a big market for digital products, a lot of people also venture into this kind of business. In creating your own product, all you have to do is gear yourself up with the right knowledge. In fact, you can even start creating your own product to sell depending on the skills and knowledge that you already have.

If you are knowledgeable about a specific subject like garden landscaping, playing the guitar or other topics, you can start writing an eBook. Just make sure that it has relevant and informative content so customers will be satisfied if they purchase it. Other things you can do is develop a software or maybe offer membership a coaching program if you have enough knowledge about this.

Selling digital products would also mean promoting it via the internet. As long as you do your marketing well, you can also establish your own online business.

Can I Earn Enough Money From Selling Digital Products?

If you think you cannot handle inventory, packaging and shipping, try selling digital product instead. You can certainly earn enough money from it. There are a few advantages selling digital (also known as electronic) product.

(1) You can produce the product in much lower cost and can be reproduced easily. All you need is a PC or laptop and your time. You can earn 100% profit from this.

(2) It is hassle-free. You do not need to handle packaging and delivery. You do not need large space for inventory. Your hard drive space is your warehouse.

(3) Since it is digital, customer can instantly download the product after payment. It is clean and faster way of doing business.

(4) You can offer better price because you do not incur any packaging or freight charges.

(5) You can build fully automated online business. Once customer payment is verified, they can download their digital product. They can view it through the PC or print it themselves. There will be minimum involvement from you.

What Type Of Digital Product?

Digital products can be information product, application software, e-books, video and audio. The most popular is e-book. It can be produce easily, re-produce and sell as many copies as you like. Modification in the e-book can be made faster and simpler. Common format is in PDF (by Adobe.com). Be creative to attract more customers. For example, make your e-book more interactive. Readers will find it very exiting and they just cannot wait to finish the whole book.

Can I Earn Enough Money?

The price of digital product varies. It also depends on the content offered. Write useful and content rich e-book can be time consuming but worth it compare to the profit that you are going to earn. Say you have 100 visitors and 2 of them buy your product that is sold for $40. That is 2% conversion. The higher conversion the more you can earn. You can basically earn $ 2,400 in a month. If you can offer more different products with same conversion rate, you can make 5 figure profits. You just need a little bit of time in beginning. After that you just re-produce the product and sell at the same price.

I Do Not Know How To Write.

You do not have to be the best author to start writing your e-book. Find solution to other people’s problem. That is also the reason people surf the internet looking for answers or solution to their problems. When you have the idea but do not know how to write, hire someone to write for you. Get whole bunch of freelancer (example elance.com) and you can provide the keywords they need to provide in the content and the title. It might cost you few hundred dollars for an e-book. Same goes to application software. You do not have to know programming. Hire expert to do for you. The key is you have the IDEA.

Now you know some ways to earn enough money from selling digital product. You understand how digital product benefits you in many ways. You can DIY (do-it-yourself) e-book that is common digital product in the market. You also learn how to get help to complete your digital product. So go out there and have fun.

Make Money Fast by Taking Advantage of Digital Products

It is no surprise that digital products provide sellers with outstanding ways to make money fast. While reading this article, you will become aware of some of the huge benefits this version of product affords to the individual who is compelled to make money fast.

A major benefit which these products provide to their sellers is their cost. Since you are selling something which your created with your own intellect, the cost of goods sold is potentially non-existent. Furthermore, digital products do not need to be physically stored or shipped, which eliminates the need for logistics. Additionally, digital products can be sold over and over to new customers at no additional product costs to you. Marketing digital products is simple since affiliate networks provide a venue which enables you to allow affiliates to promote your products for you. Your products are ready to be sold to any customer in the world, at any hour, of any day, and are delivered to your customer automatically upon sale.

One of the major factors in determining when a business will become profitable are it’s start-up costs, overhead and fixed costs. To make money fast, you must keep your start-up costs, overhead, and fixed at a minimum. The lower these costs, the more quickly the business will become profitable.

If you decide to go the route of digital products, you will realize that the start-up costs are very low, if any at all. Remember, you are selling your intellectual property, not something which has been constructed from purchased raw supplies. Therefore, you are earning a profit from taking what is in your mind, and putting it in a transferable digital format. Some examples of this are scripts, eBooks, and software. These three examples do not rely on purchased materials. Rather, they come into being through your time and creativity.

Another reason why digital products are such effective commodities to make money fast is due to the fact that they are stored on a hard drive, and not in a warehouse. Right now you can sign up for a hosting plan with unlimited storage stage and transfer bandwidth for only $3.95/month. Compare this with warehouse space which can run a business hundred, if not thousands of dollars each month.

The thing that makes digital products so profitable is the fact that when you are selling such a product, you are merely selling a copy of the file. A file which can be sold a thousands of times over at no additional cost. Even further, a simple $147 dollar program will organize and deliver your digital products upon sale. Contrast this with the thousands of dollars in warehousing costs and shipping. Only a fraction of this can be passed onto the customer if you wish to remain competitive in your market.

Keep in mind that you do not even have to sell your products yourself. Rather, all that you need to do is list your products on an affiliate network, and allow affiliates to market your products for you. The best thing is that affiliates work on commission. Therefore, you only have to pay your affiliates after they make a sale upon which you get paid. Your advertising risk is completely eliminated this way.

Because digital products only need to be set up once to be delivered automatically, both purchase and delivery can take place at any hour of the day, on any day of the week, to any place in the world. Unlike physical products, digital products are not subject to tariffs or restrictions.

As you can see, digital products are the way to go for anyone looking to ways make money fast.